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“Harris, Dems push climate, energy, tax bill through initial Senate hurdle” Senate Democrats cleared a major hurdle Saturday to clears the way to the passing of a massive $433 billion tax, healthcare and climate-change package. Vice President Kamala Harris served as the tiebreaker vote joining Democrats to squeeze through the legislation in a 51-50 party…
” Lummis-Gillibrand crypto bill likely deferred to next year “ The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on July 19, the Senators stated that there is a slim chance that…
” US Senate confirms Michael Barr as Fed vice chair for supervision “ The United States Senate has confirmed the nomination of law professor Michael Barr to become the next vice chair for supervision for the Federal Reserve. In a 66-28 vote on the Senate floor on Wednesday, U.S. lawmakers confirmed Barr as vice chair…
” US crypto regulation bill aims to bring greater clarity to DAOs “ On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to…
“Billboards calling for Big Tech antitrust vote sent to Schumer’s home” An advocacy group has sent mobile billboards to Chuck Schumer’s DC and Brooklyn homes to convince the Senate majority leader to schedule a vote on bipartisan antitrust legislation that would curb the power of Big Tech platforms. The truck-mounted ads arrived at the Democrat’s residences…
“GOP Sen. Lee tells colleagues to hold off on gun bill support” A top Republican senator warned his fellow lawmakers Sunday against throwing their support behind the framework of new gun control legislation until the actual bill text has been hammered out. “There is still no deal, and yet we continue to be asked by…
“Google’s Sundar Pichai plans trip to Capitol Hill ahead of antitrust bill vote” Google CEO Sundar Pichai is heading to Capitol Hill next week — just a month after his top legal officer got blasted by Republican lawmakers over the search giant’s alleged discrimination against conservatives, sources told On The Money. For Pichai, billions of…
“Outline of Senate’s bipartisan gun bill could be announced soon” An outline for a bipartisan deal on guns in the Senate could be announced as soon as Sunday, and negotiators are working to get 10 Republicans to back the measure to assure passage in the chamber, according to a report. Senate negotiators representing Democrats and Republicans…
” Chainalysis exec touts blockchain analysis to Senate homeland security committee “ The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency” on Tuesday. The committee hosted a panel of…
“Janet Yellen recognizes ‘unacceptable levels of inflation’ in US” Treasury Secretary Janet Yellen acknowledged Tuesday that inflation has reached “unacceptable” heights, even as she defended Biden administration-backed spending bills that Republican lawmakers allege have contributed to the problem. “We currently face macroeconomic challenges, including unacceptable levels of inflation,” Yellen told the Senate Finance Committee three days…